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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: mooter775 who wrote (10609)4/22/1999 1:20:00 PM
From: Dale Baker  Read Replies (2) of 27311
 
I am short a very small amount from around 7. If a PO actually materializes I will cover and go long. If it doesn't I will hold until the dilutive financing and cash burn takes effect and pulls down the share price. It won't affect my portfolio by more than a whisker either way.

Interesting situation you have here. Reminds me a lot of RACE, except they have actually sold some of their product.
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